Garment industrialists demand anti-dumping duty on VSF, stable cotton rates, Retail News, ET Retail

Davida Erdahl

Ludhiana: Irate over rising rates of yarn, which is hiking the cost of production, garment manufacturers are now demanding anti-dumping duty on the viscose staple fibre (VSF) and stabilised rates of cotton. According to them, the constant fluctuation in the rates of both yarns and cotton are killing the garment industry and immediate steps need to be taken by the central government.

According to Harish Dua, executive council member of Apparel Export Promotion Council (AEPC) , “Cost of production of garments has witnessed huge surge recently only due to ever increasing rates of yarn. Recently, our costs have gone up by 10-15% on account of various factors, but the biggest one being rise in the rates of raw material like yarn. This has become a huge headache for our industry and the need of the hour is the removal of anti-dumping duty on VSF. Owing to the growing demand for

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